Event non-ATF Mobile

Synlait Milk Limited (ASX: SM1) to purchase Dairyworks for a consideration of $112 million, which reflects about 7.5 times of the EBITDA multiple of the company over the last twelve months earnings.

  • The acquisition would provide the company to leap towards the delivery of the Everyday Dairy Strategy and would further complement the recent acquisition of Talbot Forest- a cheese manufacturer.
  • Leon Clement- the current CEO of the company, sees it as an exciting opportunity and believes the acquisition to be a strategic fit to increase the company’s footsteps in the Everyday Diary category.

 

 

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